It actually depends on whether the whole team is doing the same thing or if they are doing different things. I.e.
Every afternoon the baseball team follows its coach out to the hot field for practice.
Team = singular; follows = a singular verb; its = a singular pronoun. All members of the team arrive at the same place at the same time.
Vs
After the three-hour practice under the brutal sun, the team shower, change into their street clothes, and head to their air-conditioned homes.
Team = plural; shower, change, head = plural verbs; their = a plural pronoun. The teammates are dressing into their individual outfits and leaving in different directions for their individual homes.
Source: http://www.chompchomp.com/terms/collectivenoun.htm
In the context the narrator used he was correct in his choice of "is" then as he was talking about what the team was going to do as a group. I thought he was correct then started second guessing then was just plain curious as to what the correct usage would be. (miss matched noun verb and double negatives are a bit of a grammatical pet peeve of mine) And I really get annoyed when someone is a paid professional, paid to speak (like news person) and who makes obvious grammatical errors.
Oh and thanks for the complete answer.
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